26 Aug
2021
The mobile application industry is steadily evolving with the passage of time. Currently, the two most prominent leaders of mobile application development i.e. iOS from Apple and Android from Google, usually come preloaded with required applications.
Few mobile application market trends:-
FaceApp rose to fame overnight this year. It adds filters to the user’s photo to convert it to their older and younger pictures. Other than FaceApp, there are several apps like Replika, Cortana, and Google Assistant which have used ML & AI. Deep Learning with ML can do wonders together in the field of mobile application development. Apple also implemented Core ML 3 which is a framework designed to help iOS developers to insert AI smarts into their applications.
With advancements in technologies, wearable applications are expanding all over the world. Recently, Apple has launched WatchOS. This is an update in the apple watch in which it will get its own App Store and the watch will not require a companion iOS app anymore.
With the surge in demand for IoT technology in several gadgets and systems, the demand for IoT enabled apps will increase to a great extent.
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The AR & VR technogies are one of the top most mobile application development trends. Apple and Google are constantly innovating numerous new cases through AR integration. Other than that, there are several games like Pokemon Go which use numerous innovative sensors in tablets and smartphones in order to ensure the capabilities of AR and VR on the mobile phones through different apps.
Cloud technology plays an essential part in iOS devices for cloud databases and is used for building android instant apps. Cloud computing integration allows the user to store larger amount of data in a cost effective manner.
Apple pay and Google wallet etc. have become an essential requirement for money transactions and bill payments. Likewise, big companies such as Apple, Google, and Samsung etc. are launching their own branded wallets to serve their user with a secured and convenient money transaction platform.
With all these mobile application development trends on board, the mobile application industry will expand exponentially in the upcoming years. According to a report published by Allied Market Research, the mobile application market size is projected to reach $407.31 billion with a considerable CAGR from 2019-2026. Currently, North America holds the highest market share of the global mobile application market.
Furthermore, during the outbreak of the COVID-19 pandemic, the social media, gaming and entertainment based apps had been downloaded the most across the world. Also, the e-commerce, educational & healthcare apps are boosting the global market of mobile applications to some extent. At the same time, the key market players are constantly looking for acquisitions and partnerships in order to expand their business. In a nutshell, the global mobile application market is going to gather huge prospects and exponential growth in the approaching time.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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